Permanent Full TimeWe’re seeking a creative, strategic, and passionate actuarial leader to join our Funds Product Design and Pricing team as Director, Funds Product Design and Pricing. In this role, you’ll help Canada Life achieve its ambitions to be a major player in the individual wealth market. You’ll be part of a high‑performing team that values collaboration, empowerment, and mentorship, and you’ll have the opportunity to make a meaningful impact to our business.The role has overall responsibility for the design and pricing of segregated funds for the Wealth Solutions strategic business unit, balancing competitiveness and profitability. The Director will drive a solutions‑oriented culture to ensure that our product solutions are market competitive and meet the needs of our clients in support of our overall strategy.What You Will DoDevelop pricing recommendations for segregated funds by conducting profitability analysis, sensitivity testing, and considering the risk and capital profile of the businessSupport the execution and implementation of product development initiatives such as new fund launches and segregated fund contract enhancements, through collaboration with Product Development, Operations, FM, Finance, Compliance, and LegalProvide strategic input and support to the AVP,
Funds Product Design & Pricing on product and pricing strategyKeep abreast of current markets and investment trends and understand the implications on our productsLead the development and maintenance of our pricing models for segregated fundsDevelop actuarial assumptions through experience analysis in collaboration with FM (mortality, lapse, expenses, business mix, investment returns, etc.) and lead the composition of periodic segregated fund pricing reportsInvestigate and develop methods to improve our analytical/modelling capabilities, streamline processes, and enhance documentationPeriodically review regulatory document filings (contract, information folders, etc.)Review and deliberate on exceptions relating to product design, pricing, and product eligibilityLead a team of actuarial staff and support their ongoing development objectives, fostering a culture of learning and excellenceWhat You Will BringFSA, FCIA or equivalent designation with a minimum of 3-5 years of experienceSound business and actuarial judgment, including analytical and problem‑solving skillsA strategic mindset with robust commercial acumenAbility to collaborate with others across business units and backgroundsA passion for innovation and continuous improvementA commitment to developing talent and building a high‑performing teamExperience using Moody’s AXIS softwareExperience with funds products is an assetGiven the size and scope of our organization, we have the flexibility for this position to be located in the following office locations:
London, Toronto, Winnipeg.The base salary for this position is between$142,100 - $192,100annually. This represents base salary only and does not represent other variable compensation components of our total compensation (i.E. annual bonus, commission etc).What we offerCareer Development: Opportunities for career advancement, access to industry‑leading learning programs and up to $2,000 annually towards education reimbursement.Health & Wellness: Flexible health and dental benefits, plus a $5,000 mental health benefit to support your well‑being.Time Off: In addition to regular vacation and personal days, we support community involvement with a volunteer day.Financial Security: Company‑matching pension plan, share ownership program and additional investment options.Rewards and Recognition: Employee recognition programs, service milestone celebrations, employee discounts and more!Emphasis on Community: We provide a workplace where employees feel connected and supported through Employee Resource Groups (ERGs), mentorship programs, social clubs and events.We’re committed to removing barriers and ensuring equal access to employment. Applicants requiring reasonable accommodation during the application process may contact
[email protected]. All information provided will be handled in accordance with applicable laws and Canada Life policies.Canada Life would like to thank all applicants, however only those who qualify for an interview will be contacted.#J-18808-Ljbffr
📌 Director Product Design & Pricing (Actuary) - C$142,100 - C$192,100 A Year (Winnipeg)
🏢 Canada Life
📍 Winnipeg